Aperam falls after flagging energy costs will hit earnings

Aperam SA

06/10/2026 09:48

       ** Shares in Aperam APAM.AS fall around 4% after the steelmaker warned higher energy costs would weigh on its earnings by about €20 million ($22.46 million) per quarter
** JPMorgan notes Aperam is the first European steelmaker to formally flag energy costs will bite into profits, but expects it to be a recurring theme also for its peers going forward
** Aperam confirmed its Q3 guidance for core profit expected "slightly above" €90 million
** Oddo BHF says the expected drag from energy costs is larger than anticipated and above previous company indications
** Up to the previous session's close, shares were up 20.9%​ YTD - LSEG data
** Stock trades at the bottom of both France's SBF 120 Index .SBF120 and Belgium's BEL 20 Index .BFX
     
($1 = 0.8906 euros)

(Reporting by Jakob Van Calster)
((jakob.vancalster@thomsonreuters.com))